NO-8517 INVEST AS

8516 NARVIK

Finances

Share Ownership

Return on Equity

150 %

Current Ratio

2,23

Debt-to-Equity Ratio

−1,5

Key figures (NOK)	2021	2020	2019	2018
Revenue	94 000	114 000	131 000	284 000
Net Income	−156 000	−30 000	−71 000	149 000
Total Assets	83 000	151 000	116 000	264 000
Total Equity	−104 000	53 000	83 000	154 000

Income (NOK)	2021	2020	2019	2018
Revenue	94 000	114 000	131 000	284 000
Expenditure	248 000	118 000	217 000	89 000
Operating Profit	−154 000	−4 000	−86 000	195 000
Financial Income	0	0	0	0
Financial Costs	3 000	6 000	4 000	2 000
Financial Balance	−3 000	−6 000	−4 000	−2 000
Earnings Before Tax	−156 000	−10 000	−91 000	193 000
Tax	0	20 000	−20 000	44 000
Net Income	−156 000	−30 000	−71 000	149 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	14 000	80 000	107 000	60 000
Total Current Assets	69 000	70 000	10 000	204 000
Total Assets	83 000	151 000	116 000	264 000
Total Retained Equity	−154 000	3 000	33 000	104 000
Total Equity	−104 000	53 000	83 000	154 000
Total Long-Term Debt	156 000	19 000	0	0
Total Current Debt	31 000	79 000	33 000	110 000
Total Equity and Debt	83 000	151 000	116 000	264 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	94 000	114 000	131 000	284 000
Other Income	0	0	0	0
Revenue	94 000	114 000	131 000	284 000
Cost of Goods Sold	0	0	0	0
Salary Costs	34 000	0	79 000	0
Depreciation	6 000	6 000	4 000	0
Impairment	0	0	0	0
Expenditure	248 000	118 000	217 000	89 000
Operating Profit	−154 000	−4 000	−86 000	195 000
Financial Income	0	0	0	0
Financial Costs	3 000	6 000	4 000	2 000
Financial Balance	−3 000	−6 000	−4 000	−2 000
Dividends	0	0	0	0
Net Income	−156 000	−30 000	−71 000	149 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	20 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	14 000	80 000	87 000	60 000
Total Tangible Assets	14 000	80 000	87 000	60 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	14 000	80 000	107 000	60 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	10 000	0	10 000	95 000
Total Current Assets	69 000	70 000	10 000	204 000
Total Assets	83 000	151 000	116 000	264 000
Total Equity	−104 000	53 000	83 000	154 000
Short-Term Group Debt	0	65 000	15 000	58 000
Total Long-Term Debt	156 000	19 000	0	0
Creditors	16 000	5 000	6 000	21 000
Unpaid Taxes	15 000	1 000	4 000	0
Dividends	0	0	0	0
Other Current Debt	0	8 000	8 000	0
Total Current Debt	31 000	79 000	33 000	110 000
Total Equity and Debt	83 000	151 000	116 000	264 000

Financial indicators	2021	2020	2019	2018
Return on Equity	150 %	−56,6 %	−85,54 %	96,75 %
Debt-to-Equity Ratio	−1,5	0,36	0	0
Operating Profit Margin	−163,83 %	−3,51 %	−65,65 %	68,66 %
Current Ratio	2,23	0,89	0,3	1,85
Quick Ratio	2,23	0,89	0,3	1,85
Equity Ratio	−1,25	0,35	0,72	0,58
Gross Profit Margin	100 %	100 %	100 %	100 %